Updated on 25 January 2020
BinckBank is a Dutch bank specializing providing online brokerage and online asset management services and online savings accounts. BinckBank N.V. operates as a branch of BinckBank NV (Netherlands).
Keytrade Bank provides online brokerage services to local and international investors, individual and corporate. In 2005, Keytrade Bank was acquired by Groupe Crelan (formerly Crédit Agricole) and became its 100% subsidiary. In June 2016, Keytrade Bank became a part of the Crédit Mutuel Arkéa Group.
KBC Bank is a multi-channel bank catering mainly for retail, private banking, SME and mid-cap clients. Geographically, KBC Bank is focused on Belgium, the Czech Republic, Slovakia, Hungary, Bulgaria and Ireland. Being a part of KBC Group, KBC Bank offers its customers an integrated response to theirs’ banking and insurance needs.
MeDirect Bank provides savings, investment and wealth management products and services. MeDirect Bank operates as a direct bank, without salesmen and offices, which allows to keep its costs noticeably lower than those of traditional banks. This advantage is shared with MeDirect Bank's clients via attractive rates and low transaction costs.
In 2009 Belgian Fortis Bank was merged into BNP Paribas Group, forming BNP Paribas Fortis. BNP Paribas Fortis offers a broad range of financial products and services to various customer groups: individuals and families, high-net-worth individuals, entrepreneurs and companies, local authorities and social sector.
Belfius Bank (formerly Dexia Bank) is a Belgian banking and insurance company, fully owned by the Belgian Federal State. Belfius Bank is focused on providing retail banking products and services to private individuals, self-employed, professionals and SMEs in Belgium. Belfius Bank also offers corporate banking, public and social banking solutions.
In Belgium Deutsche Bank AG is focused on providing savings and investment solutions to natural persons and high-net-worth individuals. Deutsche Bank AG does not provide consumer finance and insurance products.
Saxo Bank (France) is a French subsidiary of Danish Saxo Bank. Saxo Bank specializes in providing online investment and trading services. It allows individuals, banks and brokers to trade Forex, CFDs, stocks, futures, options and other derivatives via its trading platforms online.
ING Belgium provides a wide range of financial products to its customers via various distribution channels for example, mobile devices, the Internet, telephones or in a branch. ING Belgium operates as a universal bank offering its products and services in retail and private banking, corporate and institutional banking, financial markets, asset management and insurance (life and non-life). ING Belgium serves individuals, small and medium sized companies, instititutionals and large corporates.
Belgium: This product is offered to Belgian residents only. When clicking on the product link you will be redirected to the product page in Dutch, French or German.
Trading accounts are similar to current accounts, but trading accounts can hold both cash and securities. Trading accounts are used to execute trade transactions involving buying and selling financial instruments, for example, stocks, bonds, futures and options.
The table above shows essential details of selected time deposit products offered to retail customers by the banks in Belgium: annual costs and costs per order. The trading accounts annual costs vary from 0.00 to 30.00 EUR, costs per order are within the range 5.90 - 25.00 EUR. *)
Investor Compensation. Trading accounts made with financial institutions, credit institutions, investment firms in Belgium are covered by investor compensation scheme up to 20,000 EUR per investor.
*) Costs per order are calculated for an order of 1 000 EUR placed in the home market for one of the supported instrument types (stocks, bonds, ETFs, options, certificates).